(IN BRIEF) The Bank of England, the Monetary Authority of Singapore, and the Bank of Thailand have announced a collaborative programme to assess how synchronised settlement mechanisms could improve the way cross-border FX transactions are completed. The initiative builds on … Read the full press release →
Posted in Banks, Economy, Financial, Investment, United Kingdom
Tagged atomic settlement, Bank of England, Bank of Thailand, cross-border payments, DLT settlement, foreign exchange, FX transactions, Kenneth Gay, MAS and Bank of Thailand Collaborate on Real-Time Cross-Border FX Settlement Experiments, Monetary Authority of Singapore, Payment versus Payment, Project Meridian FX, PvP, RTGS systems, synchronised settlement, Thammarak Moenjak, tokenised financial systems, Tom Mutton
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